Chase Sapphire Reserve Annual Fee First Year

For much of its nearly 10 year history the chase sapphire preferred has offered the exact same sign up bonus.

Chase sapphire reserve annual fee first year.

The chase sapphire reserve consistently ranks as one of the best travel credit cards. Chase sapphire reserve offers some of the best rewards great bonus and travel credits which makes it well worth the annual fee for those who travel regularly. In our analysis we compare the chase sapphire reserve credit card s benefits and features against other leading options like the platinum card from american express and the citi prestige card. You might ask yourself if the card benefits are enough to make paying the chase sapphire reserve annual fee worth it.

At that time the card also added new features. By comparison chase s sapphire preferred card s annual fee is 95 a year waived the first year gives only double points on travel and at restaurants and allows you to redeem for 1 25 cents per point. Today chase updated that policy announcing that any sapphire reserve renewal between july 1 through the end of 2020 will process at 450. 50 000 ultimate rewards points and the 95 annual fee is waived for the first year.

A couple of days ago chase upped their public welcome offer on the sapphire preferred to 60k after 4k spend in 3 months. While i personally think paying the annual fee of 95 is well worth getting an extra 10k ultimate rewards you can still avoid paying the first year s annual fee with the 50k referral offer. At that time the card also added new features. It may even be the best premium card out there.

If it isn t you can call and cancel the card within 30 days of being charged the second year annual fee or convert your sapphire reserve to a chase sapphire preferred and pay the lower 95. The annual fee for the chase sapphire reserve increased to 550 as of jan. Your annual fee is lower but so are your benefits. But the chase sapphire reserve annual fee is 550 not waived the first year.

But did you know that there is also a no annual fee version of these cards. Find out if the chase sapphire reserve is worth the 450 annual fee.